ALBUQUERQUE, N.M. — Eleven New Mexico companies have made the Inc. 5000 list of the fastest-growing private companies in the U.S., five of them for the second year in a row.
The list is put together annually by Inc. Magazine. This year’s list measures revenue growth from 2011 to 2014.
The highest-ranking company on the list is Urban Fresh Cosmetics of Albuquerque, which exploded by 1,376 percent over the time period studied, to revenues last year of $3.1 million. That earned it a ranking of 342.
Also breaking the top 500 was Burgos Group, which manages construction, safety and facility operations at military installations. The company grew 998 percent to $7.9 million in revenues, earning it a ranking of 463, according to the list.
Other New Mexico companies on the list, together with their ranking, growth rate and revenue, were:
InkSoft, which provides business software for screen printers, 802 percent, $3.5 million; cybersecurity firm RiskSense, 273 percent, $4.6 million; Ideum, designs and creates interactive computer-based exhibits, multi-touch installations and rich Internet applications, 208 percent, $6 million; Speridian Global Holdings, an information technology firm, 183 percent, $31.4 million; TechSource, a science and engineering consulting firm, 107 percent, $19.4 million; Affordable Solar, a solar-systems installer, 106 percent, $46.4 million; Griffin & Associates, a public relations and marketing firm, 67 percent, $2.2 million; roofing and renovation contractor Roofcare, 58 percent, $4.2 million; Desert Fuels, a wholesale fuel distributor, 46 percent, $95.8 million.
All the companies are in Albuquerque, except TechSource, which is in Los Alamos.
To make the list, according to Inc., companies had to be: founded and generating revenue by March 31, 2011, U.S.-based, privately held, for profit, and not subsidiaries or divisions of other companies as of December 31, 2014. The minimum required 2011 revenue was $100,000; the minimum for 2014 was $2 million. Revenue listed in the company profiles was for calendar year 2014.
Repeating from 2014 were Urban Fresh, Burgos, InkSoft, RiskSense and Speridian.
The full list can be found at http://www.inc.com/inc5000/list/2015/